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159 3rd Avenue, Brooklyn, NY 11217 Property Information

159 3rd Avenue, Brooklyn, NY 11217 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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159 3rd Avenue, Brooklyn, NY 11217 1
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Address

Primary address 159 3rd Avenue
Neighborhood Gowanus
Zip code 11217
Borough Brooklyn
Block & lot 00407-0001

Sales & Tax Overview for 159 3rd Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $1,230,923

Lot & Building Information for 159 3rd Avenue, Brooklyn

Lot sqft 11,800
Lot dimensions 26.67 ft x 83 ft
Building class Elevator Apartment - Semi-Fireproof with Stores (D7) i
Building sqft 96,771
Building dimensions 77 ft x 200 ft
Buildings on lot 2
Stories 11
Year built 2025
Status
Status date
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Zoning & Use for 159 3rd Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 92
Commercial units 2

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 6
Closest police station 0.45 Miles
Closest fire station 0.39 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 159 3rd Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 159 3rd Avenue, Brooklyn, NY 11217, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 159 3rd Avenue, Brooklyn, NY 11217, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 159 3rd Avenue, Brooklyn

How many square feet does 159 3rd Avenue, Brooklyn, NY 11217 have?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 159 3rd Avenue, Brooklyn, NY 11217 has a total of 96,771 square feet.

What is the year built & the current market value of 159 3rd Avenue, Brooklyn, NY 11217?

159 3rd Avenue, Brooklyn, NY 11217 was built in 2025 and has a current tax assessor's market value of $1,339,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease. There are 6 active listings at this address.

Ownership Information for 159 3rd Avenue, Brooklyn

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Property owner name for 159 3rd Avenue, Brooklyn, NY 11217
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Building contacts for 159 3rd Avenue, Brooklyn, NY 11217
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 159 3rd Avenue, Brooklyn

870 - 2,300 SF | 159 3rd Avenue | Prime Retail Opportunity in Brooklyn's Newest Apartment Buildings
Listing type For Lease
Listing date 09/30/2025
Last updated 05/13/2026
Lot size 0.2376 Acre

Located in the Gowanus neighborhood of Brooklyn between Baltic St & Butler St near the Union St subway station. Nearest Transit: D, N, & R trains at Union St and the B103, B37, & B65 bus lines. Nearby tenants include CubeSmart, Brooklyn Car and Van Rentals, Gowanus Fitness, Threes Brewing, Petri Plumbing, Heating Cooling & Drain Cleaning, Luna's Tire Shop 2, ZeroSpace, Wafels & Dinges Warehouse, Gemini and Scorpio Loft, UpFit Training Academy Brooklyn, Herboganic, Mirrors Collective, and more!Prime Retail Spaces in Brand New 96-Unit Apartment Building

View Listing

Brokers

Shlomi Bagdadi
Spaces
Suite name Space type Lease rate Available space Brokers
Space A Street Retail $80/Sqft/Year 895 Shlomi Bagdadi
Space B Street Retail $80/Sqft/Year 1,132 Shlomi Bagdadi
Space C Street Retail $80/Sqft/Year 1,151 Shlomi Bagdadi
Space D Street Retail $80/Sqft/Year 1,298 Shlomi Bagdadi
Space E Street Retail $80/Sqft/Year 870 Shlomi Bagdadi
Space B + Space C Street Retail $80/Sqft/Year 2,300 Shlomi Bagdadi
Active Listings For This Property:
For Lease 870 - 2,300 SF | 159 3rd Avenue | Prime Retail Opportunity in Brooklyn's Newest Apartment Buildings
870 - 2,300 SF | 159 3rd Avenue | Prime Retail Opportunity in Brooklyn's Newest Apartment Buildings
159 3rd Avenue, Brooklyn
Property Street Retail
Availability 6 Spaces listed / 7646 Sqft
Price $80/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 159 3rd Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 159 3rd Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
01/06/2026 - D
01/13/2026 - R
Sundry Miscellaneous
(2026011100005001)
03/14/2025 - D
03/25/2025 - R
Assignment, Mortgage
(2025031600067001)
03/12/2025 - D
03/17/2025 - R
Sundry Miscellaneous
(2025031700111002)
03/12/2025 - D
03/17/2025 - R
Sundry Miscellaneous
(2025031700111001)
03/12/2025 - R UCC3 Assignment
(2025031000897006)
03/12/2025 - R UCC3 Assignment
(2025031000897005)
03/03/2025 - R Initial UCC1
(2025022700759006)
03/03/2025 - R Initial UCC1
(2025022700759005)
02/26/2025 - D
03/12/2025 - R
Asgn of Asgn of L&R
(2025031000897004)
02/26/2025 - D
03/12/2025 - R
Assignment, Mortgage
(2025031000897003)
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R: Recorded date
D: Document date

Property Taxes for 159 3rd Avenue, Brooklyn

Access detailed property tax data for 159 3rd Avenue, Brooklyn, NY 11217. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $41,366
Estimated property tax: $1,230,923
Tax assessor's market value: $1,339,000
Assessed value: $602,550

Assessment History for 159 3rd Avenue, Brooklyn

Here's the assessment & property tax history for 159 3rd Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,339,000 $602,550 $332,550 10.848% $36,075 $36,075 +35.54%
2024/25 $1,180,000 $531,000 $247,320 10.762% $26,617 $26,617 -24.68%
2023/24 $927,000 $417,150 $333,630 10.592% $35,338 $35,338 +1.93%
2022/23 $796,000 $358,200 $325,640 10.646% $34,668 $34,668 -4.75%
2021/22 $752,000 $338,400 $338,400 10.755% $36,395 $36,395 +2.22%

Permits for 159 3rd Avenue, Brooklyn

The complete history of permits filed for 159 3rd Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
01/06/2026 New building
12/10/2025 Alteration
10/23/2025 New building
09/19/2025 New building
09/18/2025 New building
07/22/2025 Alteration
06/27/2025 New building
05/19/2025 Alteration
05/19/2025 Alteration
04/14/2025 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & Union St at SW Corner
Station lines R
Distance (miles) 0.268
View subway map
Bus Routes
Name 3 Av/Baltic St
Line B37
Distance (miles) 0.041

Neighbors for 159 3rd Avenue, Brooklyn

Here are the neighbors for 159 3rd Avenue, Brooklyn, NY 11217.

Address Square feet Purchase date Purchase price
126 4th Ave, Brooklyn 62,292 10/18/2000
566 Baltic St, Brooklyn 5,400 08/14/2023 $6,375,000
156 3rd Ave, Brooklyn 2,871 12/15/2000
223 Nevins St, Brooklyn 03/20/2007 $8,000,000
560 Baltic St, Brooklyn 5,400 10/29/1992
570 Baltic St, Brooklyn 05/22/2001
140 4th Ave, Brooklyn 8,327 12/22/2010 $10
209 Butler St, Brooklyn 04/08/2025 $1,500,000
213 Butler St, Brooklyn 2,484 08/12/2013 $840,000
562 Baltic St, Brooklyn 05/22/2001
572 Baltic St, Brooklyn 05/22/2001
596 Baltic St, Brooklyn 3,555 03/09/2015 $1,350,000
170 3rd Ave, Brooklyn 17,100 12/15/2000
205 Butler St, Brooklyn 1,440 02/11/1988
207 Butler St, Brooklyn 1,264 06/29/2010 $440,000
568 Baltic St, Brooklyn 5,400 08/14/2023 $6,375,000
138 4th Ave, Brooklyn 2,262 03/20/1998
211 Butler St, Brooklyn 2,400 11/19/2025
215 Butler St, Brooklyn 3,200 06/13/2013 $782,500
279 Butler St, Brooklyn 29,077 12/09/2013 $19,250,000
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